Frontrunning: June 2

• A little more market ramp please: Morgan Stanley joins follow on party (Bloomberg)
• Debt defying quirk could haunt banks (WSJ)
• Dollar falls to lowest level in 2009, Europe, Japan really loving it now (Bloomberg)
• Swedish Krona hit by EU-member Latvia fears (FT)
• Switzerland goes into recession (BBC)
• The squeeze part 2: Volkswagen stock shoots up on deja vu (Bloomberg)
• Speaking of irony, the basis trade which destroyed Blue Mountain is now making it money (Bloomberg)
• Ironic headline pair of the day: Geithner says China has confidence in U.S. economy (Bloomberg)
• China's Yu tells U.S. not to be complacent about debt (Bloomberg)
• GM is turbocharging Wall Street fees (MarketWatch)
• How Washington blew GM's bankruptcy (FT)
• McArdle: What's good for GM Isn't what's good for America (The Atlantic)
• Felix Salmon readies himself to be next philosophical Taleb (Reuters)

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